The Shares of Saudi Aramco soared over 4 percent to an all-time closing high in Monday’s trading session on the Saudi stock exchange.
At the closing bell, the share price hit SR39.3 ($10.5) yielding a market cap of $2.09 trillion.
Earlier in the session, the shares hit an all-time high of SR40 ($11).
Most recently, a four percent stake of the oil giant had been transferred to Saudi Arabia’s sovereign wealth fund in an $80 billion deal.
Saudi Aramco is based in Dhahran and is one of the largest companies of the world in terms of revenue.